I took my gain and sold.  Which is rare.  I’m much more likely to ride a gain to a loss than make an intelligent exit.  The exit I took was earlier than I had planned, but with the Fed meeting just a couple hours away, I figured it was better now than never.

The Fed will be talking today, giving their decision on if they will lower the key interest rate at this time.  There’s a lot of talk and guessing going into this subject.  I know the answer because I have a glass ball (not a cancer-replacement, I mean something for looking into the future).  The answer is the Fed will …

I didn’t make any trades today.  I wanted to trade, the working world just found a way to interrupt with that.  I actually didn’t have my usual stock screening today either, it’s a shame.  My “work” computer was used for work today, instead of my personal stock tracking.  Shame.

Today didn’t necessary go my way, but it wasn’t as bad as yesterday.  Instead of holding BIDU for more of a loss, I sold yesterday.  That act saved me like $400, which isn’t a whole lot usually in the trading world, but when you are racing for profits, it means a lot.

I’m waiting.  So far, kind of patiently.  I knew that FSLR would screw me either way I traded it, I’m retarded like that.  Down $13 today.. fine, I don’t care.  Expire my call worthless, I don’t care.  I’ll probably do something like revenge trade against it.  Seems smart, right?

Here’s todays outlook, by me, a retard trader.  We will open a little higher, keep to a range and move between positive and negative.  Technology stocks will do well until late afternoon where weakness will occur.  What do you guess the market is going to do today?

This is really unlike me. I’m holding positions and not acting.  Really, really bad.  I should have ditched BIDU today since it was under $400, but I didn’t.  Tomorrow will I pay for it?  I’m holding a paper loss, but not yet afraid.

The tech sector which was heated up is more like a simmer and might actually be cooling down for the day.  There has been some consolidation and weakening here.  RIMM is leading the sector downward right now, let’s hope BIDU follows it.

There’s a lot of strength in the technology sector, which is where I have some puts (BIDU, AAPL).  This of course makes me a little confused, as having calls and puts shows either unknown direction prediction (that’s me) or a clue of some sort of specific direction for a specific stock.

Okay that was a close one on my First Solar (FSLR) call option.  That stock was all over the place today, closing at  214.54 -14.68 (6.40%) for the day.  It is even down afterhours a little.  As predicted, it did have a nice rebound after I bought it, but it did not stay above $220 for long.